Ratan Tata is a well-known Indian industrialist. He is best known as the former chairman of Tata Group, India’s largest conglomerate company.
This blog will look at the journey of Ratan Naval Tata, the company, its multiple businesses, and its vision for the future.
Ratan Naval Tata, born December 28, 1937, is an Indian industrialist and philanthropist. Born in 1937, he is a scion of the Tata family and son of Naval Tata.
His adoptive father was Ratanji Tata, son of Jamsetji Tata, the founder of the Tata Group.
Ratan is an alumnus of Cornell who double-majored in architecture as well as business management and obtained an advanced management degree from Harvard Business School through its Advanced Management Program that he completed in 1975.
Ratan Tata’s Career and Works
Ratan was the Chairman of Tata Sons from 1990 to 2012 and again as an interim chairman from 2016 to 2017.
Ratan continues to head its charitable trusts and also held the position of the chairman of numerous Tata Group companies.
He has received two civilian awards: the Padma Vibhushan (second-highest) in 2008 and the Padma Bhushan (third-highest) in 2000.
He joined his company in the 1960s, and at that time, he was working on the shop floor with Tata Steel. He happened to be the clear successor to J.R.D Tata since he took over for him when he retired in 1991.
In 1992 J.R. D got his tea company, Tata Tea, to acquire Tetley as well as his automobile company. Tata Motors then purchased Jaguar Land Rover from Ford Motor Company so that little by little, after taking over a few businesses from different industries through the years to come, The Tata Trusts would later turn into a global business.
He is on the board of trustees for a university in India. He’s also on the boards at other organizations such as Alcoa and Mondelez International. Additionally, he sits on the East-West Center Board of Governors and has a role with X Prize. He is also a member of the International Advisory Council of Bocconi University.
Here are some best photos of Ratan Tata.
Who is Ratan Tata’s Wife?
In 2011, Ratan Tata spoke openly about his four near-misses at the altar. The latest shocker is that the billionaire chief of one of India’s most prominent business empires nearly tied the knot with an American woman – but backed off when a family member got ill.
So he returned to India to be with his family, and the girl stayed behind to care for her parents. Ratan Tata has said that his failure to propose is one of his greatest regrets. Since then, he made a commitment and never married.
Ratan Tata’s Philanthropy
Tata is a charity supporter. He is known for supporting education, medicine, and rural development in India. Tata helped improve water quality systems in areas with limited ability to provide clean water.
In November 2018, Tata opened the Tata Hall at the University of California, San Diego (U.C. San Diego). It contains research labs for biology and physical sciences – it is also known as the Tata Institute for Genetics and Society home.
In 2010, Tata Group companies and charities donated 50 million to construct an executive center at Harvard Business School (HBS).
Named after Ratan Tata (AMP’ 75), chairman emeritus of Tata Sons, the center is located in the northeast corner of the HBS campus and is seven stories tall. Its estimated cost was $100 million, and it houses about 180 bedrooms and a number of workspaces.